Dominion Energy Inc. $D Shares Sold by Corient Private Wealth LP

Corient Private Wealth LP lessened its position in Dominion Energy Inc. (NYSE:D - Free Report) by 10.1% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 234,988 shares of the utilities provider's stock after selling 26,535 shares during the period. Corient Private Wealth LP's holdings in Dominion Energy were worth $16,048,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of D. Frazier Financial Advisors LLC acquired a new position in shares of Dominion Energy in the 2nd quarter worth $31,000. Beacon Financial Strategies CORP lifted its stake in Dominion Energy by 269.2% during the second quarter. Beacon Financial Strategies CORP now owns 480 shares of the utilities provider's stock valued at $33,000 after buying an additional 350 shares in the last quarter. Blueline Advisors LLC acquired a new position in shares of Dominion Energy in the fourth quarter worth about $28,000. Arlington Trust Co LLC boosted its holdings in shares of Dominion Energy by 47.1% in the second quarter. Arlington Trust Co LLC now owns 500 shares of the utilities provider's stock worth $34,000 after buying an additional 160 shares during the period. Finally, Burnham & Co LLC purchased a new position in shares of Dominion Energy in the second quarter worth approximately $34,000. Institutional investors and hedge funds own 73.04% of the company's stock.

Trending Headlines about Dominion Energy

Here are the key news stories impacting Dominion Energy this week:

• Positive Sentiment: Dominion and NextEra expanded their Virginia benefits package to improve the merger’s approval prospects. The proposal would extend $10 monthly residential bill credits from two years to four, increase Dominion’s EnergyShare assistance by $100 million through 2038, protect customers from merger-related costs, and create as many as 1,000 direct jobs. Expanded Virginia benefits package
• Positive Sentiment: The companies also proposed a shareholder-funded co-headquarters tower in Richmond and a Virginia supplier program worth up to $1 billion annually for five years. These commitments could strengthen local economic support and reduce opposition to the transaction. Virginia supplier program
• Neutral Sentiment: NextEra reaffirmed its 2026 outlook at the top end of its guidance range and is meeting investors to discuss expected growth for the combined company. However, analysts continue to assign Dominion a consensus “Hold” rating, indicating limited conviction ahead of the merger decision. Consensus Hold rating
• Negative Sentiment: The larger concessions underscore the political and regulatory hurdles facing the transaction. Virginia lawmakers and officials are calling for additional scrutiny or a slower review, while reporting on unexpected fuel charges and Dominion’s proposed large gas plant adds to concerns about customer affordability, climate policy, and future regulatory costs. Calls to slow merger review

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on D shares. Weiss Ratings restated a "buy (b)" rating on shares of Dominion Energy in a report on Wednesday, August 19th. Morgan Stanley decreased their target price on Dominion Energy from $71.00 to $68.00 and set an "equal weight" rating for the company in a research report on Friday, August 21st. Barclays dropped their price target on Dominion Energy from $70.00 to $69.00 and set an "overweight" rating on the stock in a research report on Tuesday, June 23rd. Mizuho increased their price objective on Dominion Energy from $66.00 to $72.00 and gave the stock a "neutral" rating in a research note on Tuesday, May 26th. Finally, Truist Financial decreased their price objective on Dominion Energy from $68.00 to $66.00 and set a "hold" rating for the company in a research report on Thursday, August 13th. Five analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of "Hold" and an average target price of $69.93.

Dominion Energy Trading Down 1.0%

Dominion Energy stock opened at $63.83 on Wednesday. Dominion Energy Inc. has a 12 month low of $55.85 and a 12 month high of $72.99. The company has a quick ratio of 0.64, a current ratio of 0.81 and a debt-to-equity ratio of 1.43. The stock has a market cap of $56.14 billion, a P/E ratio of 22.24, a P/E/G ratio of 3.01 and a beta of 0.64. The company's fifty day simple moving average is $68.19 and its 200-day simple moving average is $65.85.

Dominion Energy (NYSE:D - Get Free Report) last released its quarterly earnings data on Friday, July 31st. The utilities provider reported $0.79 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.68 by $0.11. The firm had revenue of $4.48 billion during the quarter, compared to analysts' expectations of $4.04 billion. Dominion Energy had a return on equity of 9.62% and a net margin of 13.98%.The business's revenue for the quarter was up 17.6% on a year-over-year basis. During the same quarter last year, the firm earned $0.75 earnings per share. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. As a group, sell-side analysts forecast that Dominion Energy Inc. will post 3.57 EPS for the current fiscal year.

Dominion Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Sunday, September 20th. Investors of record on Friday, September 4th will be given a dividend of $0.6675 per share. This represents a $2.67 annualized dividend and a yield of 4.2%. The ex-dividend date of this dividend is Friday, September 4th. Dominion Energy's dividend payout ratio (DPR) is presently 93.03%.

Dominion Energy Company Profile

Dominion Energy, Inc is a regulated energy company headquartered in Richmond, Virginia. Through its utility operations, the company generates, transmits and distributes electricity and provides natural gas service to residential, commercial and industrial customers, primarily in Virginia and South Carolina.

The company's electric generation portfolio includes nuclear, natural gas, renewable energy and hydroelectric resources. Dominion Energy also operates electric transmission and distribution networks, natural gas distribution systems and related energy infrastructure.

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